Chelford Village Pre School
Treasurer’s Report year ended 31[st] December 2020
In 2020 Pre School made a profit of just short of £13.5K, we recouped the loss of just over £13.5k that was made in 2019.
The main areas of change in income and expenditure for the year are as follows:
Income , overall increased by £14k on 2019
-
Donations were up by just over £4k,notably two grants received which were applied for by the Manager
-
Just over £12k was received under the Government furlough scheme when we had to close Pre School due to covid
Expenditure, overall decreased by £13k on 2019
- Wages were the main reason for this decrease, after a tough 2019 we were able to keep a hold on wages, implementing a system to check staff numbers for each sessions and the management team keeping a monthly check on cashflow and wages.
All other areas of income and expenditure remained roughly the same.
The bank balances at the end of 2020 were: Current account £26,418 Reserve account £ 4,044
Chelford Village Pre school Income and Expenditure 2020
| INCOME Fees - payments Fees - SureStart payments Donations Fundraising - Events Fundraising - Photos / Book club Fundraising - Other Interest received Job Retention Scheme Government Grant Miscellaneous Income EXPENDITURE Rent Wages & Tax Toys & Equipment Classroom equipment Insurance, PLA Membership, OFSTED Phone Stationery& Copying Advertising Outings & Parties Course Fees Petty Cash Sundry Expenses SURPLUS/(DEFICIT) Includes accrual for Autumn 2019 rent* |
2020 £ 18,006 39,904 4,416 - 21 - 4 12,150 582 75,083 4,978 50,071 915 2,522 957 803 237 72 - 146 - 910 61,611 13,472 - |
2019 £ 20,645 39,004 570 378 - 130 13 - 40 60,780 7,180 * 60,008 1,627 - 1,154 991 183 301 100 414 482 1,866 74,306 (13,526) 2,756.72 |
2018 £ 24,907 34,201 500 - 15 - 6 - - 59,629 6,887 49,406 684 - 818 765 85 206 - 3,002 1,100 1,458 64,411 (4,782) |
2017 £ 23,800 32,609 - - 71 - - - 1 |
|---|---|---|---|---|
| 56,481 | ||||
| 6,558 47,520 2,922 - 799 808 25 6 - 480 200 1,344 |
||||
| 60,662 | ||||
| (4,180) | ||||
Inde ndent examinerfs re ort to the trustees of Chelford Villa e Prfrschool I report to the trustee5 on my examination of the accounts of a)eOrd Village PrSchool (the Trust) for the year ended 31 Dember 2020. Responslbllities and basis of report As the charity trustee5 of the Trust you are responsbi le for the preparation of the accoLEnts in accordance with the requirements of the Charities Act 2011 ('the ACVI. I report in respect of my examination of the Trusys accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Direction5 given by the Charity Commission under section 14515}Ib) of the Act Independent examinerfs statement I have completed my examination. I confirm that no material matters have come to my attention In connection with the examination gtving me cause to believe that in any material respect: . accounting records were not kept in respect of the Trust as required by section 130 of the Act; or 2. the accounts do not accord with those records. This has clearly been another difficult year for the Pre-school as the Committee members have had to contend with the issues raised by the Coronarvirus restrictions on the operation of the Pre- School. I have no material concerns after discussions with the Treasurer and have come across no other matters other than the ones stated below in connection with the examination to which attention should be drawn in this report in orderto enable a proper understandirE of the accounts to be reached. The Accounts are prepared on a reiptS and payments basis apartfrom the following matters: Income from the Surestart payments paid by Cheshire East Council to the Trust have been adjusted so the payments induded in the Accounts relate onty to the year ended 31 Dember 2020. Signed: Name: C2thryn R¥Jddock Relevant professional qualification or membership of professional bodies {if any): ACA, ATII Address: 8*e Mill Farmhouse. Bate Mill Lane. Chelford, Macdesfield, Cheshire. SKII 98W Date.- 2310912021